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New York City: Real Estate Investments Sales Player?
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Blue Man Group s School Sells in FiDi for $20M
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SALES
Avison Young announced the sale of two four-story residential properties in the East Village neighborhood of Manhattan. 349 East 13th Street was acquired for $3,500,000 while 405 East 6th Street (pictured top) was acquired for $4,000,000. The same family had owned the properties for over 25 years.
Brandon Polakoff represented the seller and buyer in both transactions. ••• Bestreich Realty Group (BRG) announced the closing of 417 3rd Street in Park Slope, Brooklyn for $4,700,000. The multifamily property has four apartments which total approximately 5,208 s/f priced at $902 psf. The property 21 by 62 ft. and the lot dimension is 21 by 95 ft. It is zoned R6B and FAR 2.0. The seller was Kenneth Nicholds and the buyer was William Chang. Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, Gabriel Kates, and Daniel Shawah facilitated both sides of the transaction.